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ORLANDO-Locally-based Fairfield Communities wants to put on a fresh face and shoot for time-share revenue in Las Vegas by expanding its one-year-old partnership deal with gaming nabob Harrah's Entertainment.

CHICAGO-As part of the plan, the company is selling 1.5 million of its common shares at $43.25 each, which will provide net proceeds of approximately $63.2 million.

SAN DIEGO-Smith Consulting Architects will handle third phase of $90-million project in Golden Triangle area. Construction should begin in the spring.

MENLO PARK, CA-Wells Fargo Bank, as sole lead agent, arranged the syndicate of 11 banks, which included Bank of America as syndication agent and Commerzbank AG as documentation agent. The rate is LIBOR +70 basis points.

DENVER-No joke, no rumor. The Improv Comedy Club is prepping to break ground on a 350-seat club at the Pavilions. The staff will be a medley of aspiring comedians, looking for their big chance.

ARLINGTON, TX-MacSteel Centers USA, headquartered in Bensalem, PA, heads south, signing for 68,912 sf of office-warehouse space. The structure is positioned on 4.6 acres along Randol Mill Road.

LAUDERDALE LAKES, FL-The 10-year-old sports and fitness store operator is checking out expansion sites in Broward and Palm Beach counties where full-service rents are $17 per sf to $22 per sf, almost double what the company is currently paying at its 100,000-sf headquarters site here. Lauderdale Lakes is 35 miles north of Downtown Miami.

RALEIGH, NC-After two years of indecision, council members are expected to bring in a verdict by year end on the fate of the vacant, 60-year-old eyesore. Raleigh is 125 miles northeast of Downtown Charlotte.